Elite Pharmaceuticals Inc (ELTP)

[jgsnys]

Dear Mrs. Hakim,

While Nasrat is in many ways a typical CEO, he displays a casual indifference to work performance and meeting the expectations of the shareholders who sadly have grown both accustomed to, and weary of, his poor attitude, which even more regrettably, in response to his previous failings has become one of an aloof, cool indifference, leaving investors feeling more like hostages than shareholders. We implore you to at the very least speak to him regarding his severely neglected duties to shareholders at this time as beach season is just around the corner here in northern New Jersey and while we acknowledge and in fact in some circumstances welcome the adoption of a more casual workplace, in this instance, as has been the case in several previous instances we ask you to please try to get in touch with Nasrat as his being a continued source of real disappointment is nothing to be proud of. Again we are left asking, "What's next?" with the discomfort that comes from having to acknowledge that the only "silver-lining" here is that in all probability his persistent inaction is preferable to a likely blunder. And, well yes, . . . there is the "silver lining" Nasrat's pockets as well.